German regulator sets April deadline for any initial UniCredit-Commerzbank nod-March 2024-www.financetom.com

German regulator sets April deadline for any initial UniCredit-Commerzbank nod

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German regulator sets April deadline for any initial UniCredit-Commerzbank nod

Mar 19, 2025 4:36 AM

DUESSELDORF, March 19 (Reuters) - A deadline for German

antitrust authorities to give possible initial approval for

Italy's UniCredit in taking a substantial stake in

Germany's Commerzbank expires on April 14, a

spokesperson for the regulator said on Wednesday.

Last month, UniCredit lodged an application with the German

authorities for the approval, and earlier on Wednesday the

Italian bank's CEO said the authorization process was taking

longer than expected.

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